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Fri, January 23, 2009
Thu, January 22, 2009

Altera Named Best Managed Semiconductor Company by Forbes.com


Published on 2009-01-22 09:58:46, Last Modified on 2009-01-22 09:59:19 - Market Wire
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SAN JOSE, Calif.--([ BUSINESS WIRE ])--Altera Corporation (NASDAQ: ALTR) today announced it has been named the Best Managed Company in the Semiconductors Category by Forbes.com. Selected from Forbes.com's Platinum 400, the 400 best big companies selected by its editors, Altera was chosen based on its strong financial performance. To read more information on this report by Forbes.com, visit [ www.forbes.com/platinum ].

"To select the winners, we focused on each company's debt-to-total capital ratio, their long-term success and latest performance in a five-year period. Based on these criteria, Altera was the clear winner in the semiconductor category," said Scott DeCarlo at Forbes.com.

"We are honored to be on Forbes.com's Best Managed Company list for the fifth time and for being recognized as the top company in the semiconductor category," said John Daane, Altera president, chief executive officer, and chairman of the board. "Altera takes pride in not only delivering innovative solutions to our customers, but also managing our finances to return value to our shareholders."

About Altera

Altera programmable solutions enable system and semiconductor companies to rapidly and cost effectively innovate, differentiate and win in their markets. Find out more at [ www.altera.com ].

Altera, The Programmable Solutions Company, the stylized Altera logo, specific device designations and all other words that are identified as trademarks and/or service marks are, unless noted otherwise, the trademarks and service marks of Altera Corporation in the U.S. and other countries. All other product or service names are the property of their respective holders.

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